Talk of The Villages Florida - View Single Post - Escrow for taxes doubles?
Thread: Escrow for taxes doubles?
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Old 01-02-2017, 10:06 AM
EdFNJ EdFNJ is offline
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Quote:
Originally Posted by petsetc View Post
This is "fake news". The ACA does provide for a 3.8% tax on higher incomes, so if you sell your house and have a profit after the 250K single / 500K married exemption, it may put you in a high enough bracket. Otherwise, no impact.
LOL., I WISH that applied to me!